COPEX is one of a select group of companies authorized to purchase directly from the Cisco Excess Refurbished channel, enabling us to resell premium pre-owned equipment to the secondary market at very compelling pricing. All products purchased through this channel are fully tested, reset and refurbished, and guaranteed by Cisco to be SMARTnet eligible with valid IOS and re-licensing. COPEX is not authorized to resell Cisco Excess Refurbished products to Cisco Authorized Partners.